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<h1>Venture Capital Funds Must Keep Accurate Records for 8 Years; Notify SEBI of Record Location Per Amended Regulations.</h1> Every venture capital fund must maintain books of account, records, and documents that accurately reflect its state of affairs for eight years. The fund is also required to inform the Securities and Exchange Board of India (SEBI) in writing about the location where these records are kept. This regulation was amended in 2000, reducing the maintenance period from ten to eight years.